CIO Business Intelligence

OCTOBER 4, 2023

“We’ve been working on this for over a decade, including transformer-based deep learning,” says Shivananda. Today we apply AI and ML across our business, including for fraud reduction, risk management, customer protection, personalized services, and global trade empowerment.”

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

erwin

JULY 8, 2020

With the help of business process modeling (BPM) organizations can visualize processes and all the associated information identifying the areas ripe for innovation, improvement or reorganization. In the blink of an eye, COVID-19 has disrupted all industries and quickly accelerated their plans for digital transformation.

Slice and Dice 136

Slice and Dice Modeling Digital Transformation Visualization 136

erwin

FEBRUARY 20, 2020

Enterprise architecture (EA) and business process (BP) modeling tools are evolving at a rapid pace. They are being employed more strategically across the wider organization to transform some of business’s most important value streams. Regulatory Compliance Through Enterprise Architecture & Business Process Modeling Software.

Enterprise 128

Enterprise Modeling Dashboards Visualization 128

CIO Business Intelligence

JANUARY 21, 2025

Data poisoning and model manipulation are emerging as serious concerns for those of us in cybersecurity. Attackers can potentially tamper with the data used to train AI models, causing them to malfunction or make erroneous decisions. Theres also the risk of over-reliance on the new systems.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

DECEMBER 10, 2024

To drive gen-AI top-line revenue impacts, CIOs should review their data governance priorities and consider proactive data governance and dataops practices that go beyond risk management objectives. This data suggests change management efforts are lagging technology efforts at many organizations.

Sales 143

Sales Metrics Data-driven Measurement 143

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. CIOs often have a love-hate relationship with enterprise architecture.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

Smart Data Collective

SEPTEMBER 17, 2020

These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations. In this modern age, each business entity is driven by data.

Big Data 145

Big Data Finance Risk Management Risk 145

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. The security-shared-responsibility model provides a clear definition of the roles and responsibilities for security.”

Modeling 95

Modeling Risk Management Internet of Things Risk 95

erwin

NOVEMBER 13, 2020

Digital Transformation. Data Security & Risk Management. Innovation Management. Digital Transformation. The key driver of modern EA is the demand for digital transformation. According to Gartner, today’s enterprise architects play a transformational role in their organization.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

erwin

OCTOBER 17, 2019

At erwin, we’re definitely witnessing this EA evolution as more and more as organizations undertake digital transformation initiatives, including rearchitecting their business models and value streams, as well as responding to increasing regulatory pressures. Data security/risk management. Digital transformation.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

CIO Business Intelligence

JULY 23, 2024

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

SEPTEMBER 20, 2023

But speaking to many IT leaders, there are often gaps between how IT runs Scrum, Kanban, or other agile practices and what CIOs need in order to achieve digital transformation objectives. Their comments offer insights as to what to do if your teams are “doing agile” but aren’t agile enough to deliver digital transformation results.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

SEPTEMBER 10, 2024

We envisioned harnessing this data through predictive models to gain valuable insights into various aspects of the industry. Additionally, we explored how predictive models could be used to identify the ideal profile for haul truck drivers, with the goal of reducing accidents and fatalities. Above all, be curious!

IT 122

IT Risk Risk Management Predictive Modeling 122

erwin

APRIL 30, 2021

In a world where agility and innovation are highly valued, speed is a critical factor for success.COVID-19 forced many businesses to radically change their business models – or re-evaluate their business processes – shifting the focus of enterprise architects. Priority 3: Risk Management – Security and Compliance.

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131

CIO Business Intelligence

NOVEMBER 7, 2024

It covers essential topics like artificial intelligence, our use of data models, our approach to technical debt, and the modernization of legacy systems. This team addresses potential risks, manages AI across the company, provides guidance, implements necessary training, and keeps abreast of emerging regulatory changes.

Insurance 120

Insurance Experimentation Testing Technology 120

CIO Business Intelligence

JULY 26, 2024

Despite digital transformation being a highly effective way to further develop the long-term business model, it can be a very drawn-out and arduous process. It also means some individual cloud projects fail, there’s been a change of provider, or there’s some disillusionment regarding costs of new cloud operating models.

Digital Transformation 143

Digital Transformation Cost-Benefit Data Processing Risk 143

CIO Business Intelligence

AUGUST 25, 2022

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. The security-shared-responsibility model provides a clear definition of the roles and responsibilities for security.”.

Risk Management 116

Risk Management Internet of Things Risk IoT 116

Cloudera

MAY 30, 2024

The financial services industry is undergoing a significant transformation, driven by the need for data-driven insights, digital transformation, and compliance with evolving regulations. Learn more about how Cloudera’s partner ecosystem can support your most challenging use cases.

Data Analytics 81

Data Analytics Analytics Risk Management Digital Transformation 81

CIO Business Intelligence

MAY 20, 2024

Krishna Prasad, chief strategy officer and CIO at UST, a digital transformation solutions company, says that cybersecurity not only remains top of mind but an area of significant work for IT as it’s tasked with executing much of the risk-mitigation efforts. Risk management came in at No. Foundry / CIO.com 3.

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

NOVEMBER 23, 2022

Modern EA strategies now extend this philosophy to the entire business, not just IT, to ensure the business is aligned with digital transformation strategies and technological growth. Data modeling. It can also help businesses navigate complex IT structures or to make IT more accessible to other business units. Microsoft Azure.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 137

IT Risk Cost-Benefit Data Science 137

CIO Business Intelligence

JUNE 23, 2023

An astounding 93% of respondents noted they strongly agree with the sentence, “I believe my organization needs to embrace a hybrid infrastructure model that spans from mainframe to cloud.” Risk Management: Risk management is a critical focus for technology professionals. Digital Transformation

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

OCTOBER 19, 2022

After so many years of “IT is a cost center,” it is refreshing to see so many technology leaders describe their role as value creation and even business model change. The focus is on business model change, not just another technology tool in the bag.” This model allows us pivot from a data defensive to a data offensive position.”

IT 124

IT Data Warehouse Digital Transformation Risk 124

CIO Business Intelligence

MARCH 19, 2025

Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams. Highlight how ESG metrics can enhance risk management, regulatory compliance and brand reputation.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 priority that CEOs have for their CIOs: leading digital business transformation.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

MAY 15, 2024

It seems anyone can make an AI model these days. Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source.

Modeling 137

Modeling Risk Software Enterprise 137

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

MAY 9, 2022

Risk management practices such as in-person meetings for underwriting, determining creditworthiness, and signing loan documents shifted to online channels. Underwriting processes in banking have been digitized and automated, as have credit-monitoring tools, financial fraud detection, and reporting mechanisms. Adapting to change.

Digital Transformation 98

Digital Transformation Insurance Interactive Risk Management 98

CIO Business Intelligence

JUNE 8, 2023

Businesses are looking for tech pros with highly specialized skills, as they embrace digital transformation and increasingly rely on technology for core business. As organizations across every industry take on digital transformation, having project managers to help lead IT projects is a top priority.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

SEPTEMBER 7, 2023

Additionally, it’s paramount within the financial services sector to ensure responsible AI and adherence to regulatory guidance for model risk. Keeping our AI approach interpretable and managing bias becomes crucial. Shaun has over 20 years of IT experience with specialization in information security and risk management.

Risk Management 98

Risk Management Risk Testing Digital Transformation 98

bridgei2i

MAY 20, 2020

But because of COVID-19, digital transformation is helping B2B models trying to replicate successful B2C models. Can we say that that’s the reason the adoption of digital channels, digital products, and services is the new normal for these companies? Anushruti: Right. Anushruti: Got it.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

Jet Global

JULY 21, 2022

. – July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. Public Relations and Communications Manager. Several other tasks, however, are becoming more common, reflecting a gradual shift in priorities. Ashley Yakopec.

Digital Transformation 52

Digital Transformation Finance Reporting Interactive 52

CIO Business Intelligence

DECEMBER 13, 2024

But Discover is taking a measured approach to the technology, with a centralized AI governance function within the company responsible for evaluating risk management around developing gen AI solutions, Strle says.

Digital Transformation 98

Digital Transformation Risk Risk Management Enterprise 98

CIO Business Intelligence

JUNE 13, 2023

As chief digital officer of Kotak Mahindra Bank, Deepak Sharma has been instrumental in driving the bank’s digital transformation, future-ready initiatives, and business model innovation strategies. Customer experience, technology, and risk management are now at the heart of banking.

IT 105

IT Digital Transformation Uncertainty Risk Management 105

CIO Business Intelligence

APRIL 29, 2022

From a policy perspective, the organization needs to mature beyond a basic awareness and definition of data compliance requirements (which typically holds that local operations make data “sovereign” by default) to a more refined, data-first model that incorporates corporate risk management, regulatory and reporting issues, and compliance frameworks.

Digital Transformation 132

Digital Transformation Data-driven Strategy Data Strategy 132

CIO Business Intelligence

DECEMBER 15, 2022

And IVL is experimenting with recyclable plastics as part of a circular economy model. To bring sustainability home, IVL sought to maximize the efficiency of its plants through digital transformation by replacing data silos with a single data source that would revolutionize enterprise asset management (EAM).

Risk 98

Risk Digital Transformation Software ROI 98